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10 Entrepreneur Milestones That Make Funding Easy

Startup Professionals Musings

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. Investors like to see that you have committed personal funds as well as “sweat equity,” and they like to see real progress at this level.

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10 Keys to Startup Traction That Investors Look For

Startup Professionals Musings

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. Investors like to see that you have committed personal funds as well as “sweat equity,” and they like to see real progress at this level.

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Target market advisory boards

Austin Startup

For startup founders, it’s never too early to start thinking about putting together a target market advisory board. The target market advisory board should consist of 2–4 industry veterans who have connections to C-level execs and VPs in your target market. Never discount the power of a warm intro.

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These 10 Steps Will Make Your Startup Fundable

Startup Professionals Musings

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. Investors like to see that you have committed personal funds as well as “sweat equity,” and they like to see real progress at this level.

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Ten Tips for Business Traction to Attract Investors

Startup Professionals Musings

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. Investors like to see that you have committed personal funds as well as “sweat equity,” and they like to see real progress at this level.

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10 Answers That Make Your Startup Plan Investable

Startup Professionals Musings

Include advisory board member qualifications and key industry connections. How big is the funding request, and how much equity will you give? Quantify founder investments, both cash and sweat-equity. Investors invest in people more than the idea. As a team, they cover all key skills required.

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These 10 Key Elements Make a Business Plan Fundable

Startup Professionals Musings

Include Advisory Board members and key industry people connections. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital. Investors invest in people - not just ideas. Sometimes I see statements like “A world-class CEO will be joining us after funding.” Funding requirements.